Ambassadorj

Ambassadorj Updated 

As above. See trend-line. Target 72-73 range if uptrend continues. Good luck traders.

Ambassadorj Updated 

As above. Historically, LTCUSD eventually moves up to the upper BB limit on 1D Renko chart after crossing middle band, which it has accomplished already. Target is therefore low 80s if this trend continues. Good luck traders.

Ambassadorj

Good effort LTCUSD but has it has fallen back into and retained the multiyear bearish pattern with upper resistance line still intact from 2017. I do not see any continued bull market or ATH this year folks. Not even mimblewimble or PornHub going to save LTC!!! Will probably fall to low 30s or backdown to upper 20s again. Unlikely to see above 60s in the...

Ambassadorj

As above.

Ambassadorj

Down. Hopefully bounce at next support around 53 or last resort 49!!!

Ambassadorj

As above. LTCUSD coming down from oversold state with down channel springing from recent pump, possibly forming bull flag. Hopefully support at around 53-54 and 49-51 area holds and watch for bounce to possible low 60's in the near future if all goes well. Good luck traders!!!

Ambassadorj

As above. BB squeeze on 1W looks like it is breaking UP a few weeks sooner than I thought. News sells if you have been paying attention last week. Bears capitulated in a big way this weekend and could facilitate a good set up for much higher LTC price action once bull volume increases. 3D MACD has also just crossed up above the zero line in the last two days,...

Ambassadorj

As above! Rejected at 45 again. Oversold. Hopefully $39-40 level holds. Good Luck Traders.

Ambassadorj

As above. Not only the huge BB 1W squeeze in effect.... but the price action has now moved from below to a point above the middle band/moving average and has maintained this position for the last 2 weeks. Historically, this findings has indicated a future bull run but with what appears to be significant diminishing returns of 6.5X (2017), 2.5X (2019), and 0.55X...

Ambassadorj

As above.

Ambassadorj

As above. I think one more leg down for LTCBTC with some sort of "bottom" sometime in August 2020. Crucial time after that if pump will happen and start of a bull run or just won't recover. Good luck traders!

Ambassadorj

As above. $8500-8600 probably next bounce. Good luck traders.

Ambassadorj

As above. Interested to see if the $38-39 level still will hold as support. If not, we will definitely revisit the $20 range. Good luck traders!

Ambassadorj

As above. That is an impressive BB squeeze for LTCUSD on the 1W chart. Going back to infinity on the LTCUSD Weekly chart, this is the tightest it has ever been and we like it tight don't we?? Well, Madonna says we do anyway...... Where are we going to break..up or down from here? LTCBTC and decreasing BTC dominance may say up but I am not sure. Draw your lines...

Ambassadorj

As above. LTCUSD still trading in channel with recent bump up. Got rejected by 1W middle BB again. Likely will see as low as $38-39 level again in the short term. Good luck traders.

Ambassadorj

As above! Watch for break of $40 neck line and then target around $38. Good luck traders!

Ambassadorj

As above. Rejection and decent resistance at around 42 occurring... at least may be third time/triple top in play. Probably going to be very sketchy trading and favoring shorting this coin in the near term. May bleed slowly over next 4-8 weeks until it becomes very oversold. Volume needs to come back with a vengeance when the price bottoms for any meaningful...

Ambassadorj

As above. Looks like setting up for possible big dump of BTC in early to mid July. Will watch. Good luck traders.